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Blockchain The Defiant

Kraken Launches xStocks Vaults That Borrow Against Tokenized Equities

Kraken has launched three vaults that let eligible clients earn variable yield on SPYx, QQQx and NVDAx while retaining exposure to the tokenized equity or exchange-traded fund they deposited. The xStocks vaults initially...

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Kraken Launches xStocks Vaults That Borrow Against Tokenized Equities
Kraken has launched three vaults that let eligible clients earn variable yield on SPYx, QQQx and NVDAx while retaining exposure to the tokenized equity or exchange-traded fund they deposited. The xStocks vaults initially display an estimated net APY of 2% for SPYx and QQQx and 1.8% for NVDAx.... Read the full story at The Defiant

Why this matters

Kraken is showing up inside the Tokenization theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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